Dividends are decided by:
I. The managers of a firm
II. The government
III. The board of directors

Question

Quizplus · Accepted Answer

Dividends are decided by the board of directors of a firm, who are elected by the shareholders to represent their interests. The government does not have direct authority over a company's dividend policy, and while managers may provide recommendations, the final decision rests with the board of directors. Therefore, option I is incorrect, and II is also incorrect. Only option III is correct.

Dividends Are Decided By